NOTICE IS GIVEN that the Board of School Directors of Southern Columbia Area School District, in Columbia and Northumberland Counties, Pennsylvania (the “School District”), proposes to adopt, at a public meeting to be held not less than three (3) nor more than thirty (30) days following the date of publication of this notice, a resolution (the “Resolution”), the caption and summary of such proposed Resolution being as follows:
OF THE BOARD OF SCHOOL DIRECTORS OF SOUTHERN COLUMBIA AREA SCHOOL DISTRICT INCURRING NONELECTORAL DEBT TO BE EVIDENCED BY ITS GENERAL OBLIGATION NOTE, SERIES OF 2021, IN THE PRINCIPAL AMOUNT OF $2,050,000, TO CONSTRUCT IMPROVEMENTS TO VOCATIONAL-TECHNICAL SCHOOL BUILDINGS AND FACILITIES; ACCEPTING A BANK LOAN PROPOSAL; SETTING FORTH THE TERMS AND SUBSTANTIAL FORM OF THE NOTE; PLEDGING THE SCHOOL DISTRICT’S FULL FAITH, CREDIT AND TAXING POWER TO SECURE THE NOTE; CREATING A SINKING FUND AND APPOINTING A SINKING FUND DEPOSITORY; AND AUTHORIZING RELATED ACTIONS AND DOCUMENTS.”.
The proposed Resolution is available for public inspection in the School District’s Administration Offices, 800 Southern Drive, Catawissa, Pennsylvania, on any open business day of the School District between 8:00 AM and 3:00 PM. The proposed Resolution may contain blanks, as permitted by the Pennsylvania Local Government Unit Debt Act (the “Debt Act”). Any such blanks will be completed by amending the Resolution prior to or during its final adoption. A notice of the adoption of the Resolution, including a description of any amendments, will be advertised in accordance with the Debt Act.
SOUTHERN COLUMBIA AREA SCHOOL DISTRICT, Columbia and Northumberland Counties, Pennsylvania